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Biotech / Medical : Biosource International

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To: PuddleGlum who wrote (159)8/16/1997 2:07:00 AM
From: Timothy Grimes   of 696
 
Steve,

You are correct. BIOI is definately not a trading stock these days. I haven't been happy with BioSource this year, but that is because I am just a little anxious. A calm review of BIOI indicates that this is one of those stocks that you buy a hundred shares of every once in a while and hold for the long run.

I am in for two years now and expect to still have BIOI in my portfolio well into the next millenium. Biotechs have had a rough time in the last year or so, but their day will come and BIOI will be there with 'em. Yes, I wish they were managing their currency problems in Europe better, but they have a very good group of scientists, good products and a great future. Buy and Hold.

Good luck.

Tim
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